With fixed cost control, no depreciation risks and no problematic trailer or vehicle disposal to worry about, a Cartwright Finance Operating Lease
could easily be the solution you're looking for, providing all the benefits of ownership together with the attraction of low rentals. It minimises cash
outflow from your business and can be categorised as 'off balance sheet', thereby improving gearing ratios. You have use of the trailer or vehicle for
an agreed period, simply returning it at the due time. Rental charges are tax deductible and take into account the value of the trailer at the end of the
hire period, helping to keep costs low.
Cartwright Finance Contract Hire can provide you with the complete answer. Basically an extension of an Operating Lease, Contract Hire adds a range
of options, including maintenance and spare trailer provision, for total peace of mind.
This allows you to show the trailer as an asset on your balance sheet and claim 'writing down' allowances. As an added bonus, interest costs within the
rental charges are tax deductible. Ownership transfers to you on payment of the final 'option to purchase fee'. You get the benefits of ownership with
the cash flow advantages of hire purchase.
Rental charges cover the whole cost of the trailer over an agreed period, at the end of which, you can continue to use at a 'nominal annual rental' or
receive a 95% rebate of the disposal sale proceeds. Rentals are fully tax deductible and you benefit from a low initial outlay and regular planned
payments.